R esist the herd mentality Some people make financial decisions not because it's a good investment but rather because of emotion. Consider basing those decisions on need rather than want. Just because everyone's doing it doesn't mean it makes sense. Be content with less Small lifestyle changes can lead to massive savings. Consider eating in and being efficient when spending your money. Stay the course Educating yourself financially and putting your plans to paper will help you track spending and cut cost. Even if your income stays constant more funds can be directed toward investing. Put your money to work While an increase in salary or back pay may trigger a shopping spree for most of us why not invest surplus income as this could eliminate any spending temptations. Cut back on large expenses The average Trinidadian spends the bulk of their money on three things: housing ,transportation and food. As controversial as it may be consider cutting back on...
Some of us needs to practice more self-control.
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